How the rich lives

Discussion in 'Politics & Current Events' started by verybdog, Sep 21, 2003.

  1. BrianJames

    BrianJames Member

    Jul 30, 2000
    Chicago
    No, but it can buy food, health care and medicine, and a car which you need to get just about anywhere in this country. Doesn't even begin to cover the cost of housing and affording to live in a area that has a reasonable level of education. Until there's fewer people that can't afford all of those necessities, f Bush and f the greedy leaders of this country.
     
  2. Demosthenes

    Demosthenes Member+

    May 12, 2003
    Berkeley, CA
    Nat'l Team:
    United States
    Inheritance taxes are unfair because they would burden my struggling family business.

    Love,
    Paris Hilton
     
  3. Matrim55

    Matrim55 Member+

    Aug 14, 2000
    Berkeley
    Club:
    Connecticut
    Nat'l Team:
    United States
    I think it's noble that you've taken on the cause and are determined to be the voice of a long-oppressed, underrepresented, unheard minority - the filthy stinking rich.

    Frankly, I think someone should write a folk song about your struggle.
     
  4. Karl K

    Karl K Member

    Oct 25, 1999
    Suburban Chicago
    This list is useless.

    The rich don't drink Dom Perignon. They drink Cristal.
     
  5. Hard Karl

    Hard Karl New Member

    Sep 3, 2002
    WB05 Compound
    White people have more in common with black people than they do with rich people.
     
  6. Garcia

    Garcia Member

    Dec 14, 1999
    Castro Castro
    This is an apple.
    This is an orange.

    Anyway, I agree with you. That money has already been taxed and retaxed before it is put into the situation where the money maker could think of passing it down to the kids.

    This is so un-American.
    You know, it has always been an american ideal to support your family. Heck, we are so progressive today that we even find it OK to have a women support the family, and the man.

    But, I agree with that concept, Die Broke.
    That means that there are legal and tax free, or tax-light if you will, ways to pass that money along before you die. The plus is that you egt to actually watch the good your money can bring your family and not allow the govt take it all away.
     
  7. JeffS

    JeffS New Member

    Oct 15, 2001
    Cameron Park, CA
    Club:
    Everton FC
    Nat'l Team:
    United States
    Another good one, Demosthnes.
     
  8. Ian McCracken

    Ian McCracken Member

    May 28, 1999
    USA
    Club:
    SS Lazio Roma
    Nat'l Team:
    Italy
    Except that Paris Hilton's fortune would be taxed at 55%, under the current law. Confiscatory, if you ask me. Of course, they'll just create a "foundation" and let her run it and she'll be able to control 100% of the money. So, estate taxes don't punish the super rich, they punish the upper middle class and those aspiring to be wealthy. But, you guys are trying to protect the Buffetts and Rockefellers because with an estate tax they just buy up the smaller estates who can't afford the taxes or to create a foundation.
     
  9. Demosthenes

    Demosthenes Member+

    May 12, 2003
    Berkeley, CA
    Nat'l Team:
    United States
    Why can't there be a bottom limit on the amount being inherited to qualify for estate taxes? To protect the "smaller estates?"
     
  10. Garcia

    Garcia Member

    Dec 14, 1999
    Castro Castro
    I thought things change too fast to keep moving the "bottom limit" but then again...Congress does seems to find a way to give themselves a raise each year.
     
  11. Blitzz Boy

    Blitzz Boy Member

    Apr 4, 2002
    The West Side
    I'm all in favor of taxing the rich. If the rich pay more taxes, then maybe they will stop going to Deer Valley and managment there will have to lower their lift ticket prices.

    But if we raise taxes too high, Paris Hilton et al and the really yucky rich people would just set up the aforementioned trusts, Cayman Islands corporations and similar dodges.
     
  12. BenReilly

    BenReilly New Member

    Apr 8, 2002
    Sadly, millions of Americans vote to protect money they'll never have. The word "delusional" comes to mind.

    There are two ways to correct this.

    (1) Instill a sense of social justice in the American people. Yeah, right, that'll never happen.

    or

    (2) Explain to Americans what 1 in 60,000,000 really means. Powerball is not your friend.
     

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